Transparency

George Abernathy, an industry veteran, joins TransRisk as the company accelerates growth

Cowan Systems, a Transport Topics Top 100 for-hire carrier and Top 50 Logistics provider, announced it has joined the Blockchain in Transport Alliance (BiTA).

Job application fraud is a serious and significant problem in all industries. But without the time and financial resources to properly vet candidates, especially in an industry such as trucking with is facing a shortage of some 50,000 drivers, bad employees get through.

Security within the supply chain can be increased with blockchain technology because of its transparency.

One of the common questions surrounding blockchain is how it will be utilized in the supply chain. Many people assume smart contracts, transparency and quicker payments will be early uses. For Rana Basu, founder and president of Consurgo, that discussion is ongoing on a daily basis.

Sheer Logistics, a 3PL and transportation services provider headquartered in St. Louis, MO, has joined the Blockchain in Transport Alliance.

Arke Technology, a company dedicated to improving driver retention, has joined the Blockchain in Transport Alliance (BiTA). This membership will allow it to influence the future of transportation technology by taking part in the development of blockchain technology standards and education for the freight industry.

When people discuss blockchain, often the concept is too abstract to grasp. In many respects, you need a phD to understand it. So it was fortuitous for Blockchain in Transport Alliance (BiTA) members that the group’s first meeting in Atlanta recently had just such a person.

Regardless of their level of knowledge on blockchain, attendees at the first BiTA meeting were engaged by Ken Craig, senior vice president of special projects for McLeod Software, as he delivered an energetic and entertaining primer on Blockchain 101. 

Nearly 60% of people find blockchain interesting, but remain unclear on its usefulness, according to a Gartner Research survey. That was just one of the nuggets of information Bart DeMuynck, research director at Gartner, imparted on the audience during the recent Blockchain in Transport Alliance (BiTA) meeting.

BiTA, previously known as the Blockchain in Trucking Alliance has expanded its mission and renamed the Alliance the Blockchain in Transport Alliance to reflect its focus on all forms of transportation, not just trucking.

Blockchain is digital ledger that can improve global trade security, stop illegal smuggling, and more importantly, reduce transit times currently bogged down by bureaucracy.

YRC Worldwide Inc. (NASDAQ:YRCW) has joined the Blockchain in Trucking Alliance (BiTA) to help lead, develop and promote benchmark standards for blockchain applications; the next generation of secure transactions in logistics and supply chain management.

At its core, fraud stems from a lack of transparency. More and more companies look to blockchain as a technology solution for increasing transparency.

Nick Darmanchev, CEO of Archer Atlantic Global Logistics, believes that joining BiTA, “provides us with an opportunity to embrace the technology while helping to lay a foundation on which the future applications we build will conform to agreed standards.”

Profit Tools Inc., a provider of Intermodal Transportation Optimization Solutions, today announced that it has joined the Blockchain in Trucking Alliance (BiTA).

GlobalTranz Enterprises Inc. announced it has joined the Blockchain in Trucking Alliance (BiTA), a group of industry executives and companies dedicated to developing and promoting blockchain technology standards throughout the logistics and trucking industry.

Choptank Transport, an award-winning, nationwide third-party logistics (3PL) provider announced today that it has joined the Blockchain in Trucking Alliance (BiTA) to help shape the future of logistics technology.

Shippers may not be paying the correct price for fuel based on the way contracts are written and fuel surcharges are applied, according to Breakthrough Fuel, which advises a market-based approach instead of the traditional surcharge method.

Fort Worth, Texas-based Apex Capital Corp, a freight factoring company serving small to medium-sized trucking companies, proudly announces its membership in the Blockchain in Trucking Alliance (BiTA).